Capitol Leaders Would Change Way Of Estimating Laws' CostsHouse and Senate leaders want to change how Minnesota estimates the cost of new legislation. They want to create a legislative budget office to handle the estimates instead of the state office that does it now.
Minn. Schools Receiving Aid Catch-Up PaymentsMinnesota schools are receiving catch-up payments from the state, which had been partially delaying allowances to ease prior budget shortfalls. A memo from the Minnesota Management and Budget agency says schools are back on their regular payment schedules as of Tuesday.
Top Minn. Budget Officials Head To Wall Street Leading figures from Minnesota's state budget agency are headed to Wall Street for meetings with influential credit rating firms. The bond house trips are typical after a new state budget is adopted and before the state gets ready to issue long-term debt to pay for construction projects.
Minn. Finance Chief: April Tax Haul Up By $153MMinnesota's tax haul for April was $153 million better than forecasters had expected, a strong month that probably has little effect on the trajectory of legislative budget talks.
No Borrowing To Pay Bills For Minn. -- For NowA Minnesota Management and Budget official says the state won't have to borrow to pay bills this month, but might have to in a few months.